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  • Monetary base shrinks for 2nd month in a row, falls by 1.6% to UAH 1.19 trillion in March
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Monetary base shrinks for 2nd month in a row, falls by 1.6% to UAH 1.19 trillion in March

Main points
  • Ukraine's monetary base decreased by 1.6% to UAH 1,193.658 billion in March.
  • Since the beginning of the year, the monetary base has increased by 1.6% to UAH 1,174.526 billion.
  • In 2025, the monetary base increased by 11.6% from UAH 1,052.113 billion.
NBU. Collage: the Ukrainian News agency.
NBU. Collage: the Ukrainian News agency.

In March, the monetary base, which includes cash in circulation outside banks, as well as banks' reserve money and other money, according to the National Bank's operational data, decreased by 1.6% to UAH 1,193.658 billion.

This is evidenced by the data of the National Bank, the Ukrainian News agency reports.

Since the beginning of the year, the monetary base has grown by 1.6% to UAH 1,174.526 billion.

The money supply in March decreased by 0.5% to UAH 3,950.278 billion, and since the beginning of the year it has decreased by 1.8% from UAH 4,021.312 billion.

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The volume of cash in circulation, according to the NBU's preliminary data, decreased by 0.6% to UAH 864.429 billion in March, and since the beginning of the year it has decreased by 0.3% from UAH 866.944 billion in 2025.

As the Ukrainian News agency earlier reported, in 2025 the monetary base increased by 11.6% from UAH 1,052.113 billion.

In 2024, the monetary base increased by 7.7% from UAH 976.940 billion.

In 2023, the monetary base increased by 23.3% from UAH 792.537 billion.

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In 2022, the monetary base increased by 19.6% to UAH 662.499 billion

In 2021, the monetary base increased by 11.2% from UAH 595.993 billion to UAH 662.499 billion.

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